20240924 Today's market interpretation

1: #BTC Yesterday, the big cake rushed to 64800 and began to quickly retreat. The lowest point was inserted at 62700, and it retreated by nearly 2000 points. It is currently horizontal near 63500. The short-term support is 62000. If it falls below, it will see the big cake near 6. The pressure is 64700. If it breaks through 65000 and can stabilize, it will have a chance to continue to sprint to 67000

2: #ETH Yesterday, the second cake started to rise near 2540 during the day, and the highest rushed to 2690 and then retreated to 2630. It started to rise, and the rise broke through the previous high and hit 2702 and then began to retreat to 2610. As of now It rebounded to around 2640 before. Short-term support is 2600, strong support is 2500, pressure is 2700, and strong pressure is 2800.

3: US stocks were basically sideways last night, with little ups and downs. The overall increase was a little bit. The Nasdaq rose 0.14%, the Dow rose 0.15%, the S&P rose 0.28%, and Nvidia rose 0.22%.

In summary, the weekly pressure of the rise of the big cake is 65,000. Yesterday, it rushed to around 64,800 and began to fall back quickly, indicating that the pressure here is still very large. After all, this position is the high point of the previous crash. At present, the big cake is still linked to the US stock market. The US stock market did not rise much last night, and the big cake could not go up. The recent rise of the market is all The market is pulled up during the day. It may be that more funds from the Asian session are entering. In the past, the market usually rose in the middle of the night. In the middle of the night, more funds from foreigners usually entered the market. Let's talk about Ethereum. Ethereum told everyone that Ethereum is strong now when it opened a space last Friday. Don't short Ethereum when you open an order. Sure enough, it broke through and pulled up to around 2700 yesterday. After all, Ethereum was weak for so long before, it is normal to be strong now.

Operation suggestions for short-term players, if Ethereum falls back and does not break 2500, it is recommended to connect around 2530-2550. Pull it up quickly Take profit at 2800, stop loss if it breaks, if it is immediately withdrawn after the pin is inserted, it is not considered to be broken

Operation suggestions for mid-term players, the partners who have called on everyone to buy the bottom spot at 56000-53000 in the past can ship out and wait for opportunities again. Shipping here can also make a few thousand points of a big cake, which is also okay. Ethereum has also been calling on everyone to buy the bottom at 2200-2300 before, and you can continue to hold it and sell it when it reaches around 2800

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